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AVA Foundation and Travala Launch AVA 3.0 to Strengthen the Utility of the AVA Token in Real-World Travel Scenarios

PANews reported on November 12 that the AVA Foundation and Travala have released AVA 3.0 and published a related roadmap, aiming to strengthen the utility of the AVA token on the Travala platform. As the primary commercial use case for the AVA token, Travala is the focus of this new initiative. The plan builds upon AVA 2.0 with upgrades focusing on real-world travel products, a transparent buyback mechanism, and quantifiable membership value. To date, the AVA Foundation has cumulatively bought back 5,604,414 AVA tokens, of which 779,691.92 AVA (accounting for 1.1% of the total circulating supply) has been permanently locked in Travala's "AVA Strategic Reserve."

Source: https://www.panewslab.com/zh/articles/01a1cfae-c9b8-7423-b514-4f235acd067f